Which of the following instruments is not traded in a money market?
A) Residential mortgages
B) U.S. Treasury Bills
C) Negotiable bank certificates of deposit
D) Commercial paper

Question

Quizplus · Accepted Answer

Residential mortgages are not typically traded in the money market, as they are long-term investments, unlike the other options which are short-term, relatively low-risk instruments that are commonly traded in the money market.

Which of the Following Instruments Is Not Traded in a Money